The landmark Colston Tower office block has been sold for £17.5 million.

Funds advised by Resolution Property have sold the 89,000-sq-ft landmark building in Colston Avenue, on The Centre, to capital management firm AEW.

Following an extensive refurbishment Colston Tower is now fully let to high quality office tenants from the creative and digital sectors including Childs & Sulzmann, the multi-award winning architectural practice.

In addition, lettings on the ground and podium level to new independent businesses have enhanced Colston Tower’s tenant mix. These include the new American barbecue restaurant Smokehouse and the highly successful Bambalan restaurant, the latest venture from Hyde & Co, the team behind the fashionable Bristol prohibition bar Milk Thistle.

James Baker at Resolution Property said: "This sale cements Resolution’s view on the emerging Bristol market and the recent lettings have firmly established Colston Tower as one of the favourite office locations for creative and digital occupiers in the city.

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"Bristol is already a significant centre for the creative industries and its appeal is growing. We see Colston Tower as being a catalyst for further growth in the city’s creative economy.”

Colston Tower is a familiar landmark on Bristol's night skyline

Resolution Property completed the comprehensive refurbishment of the building in 2016, repositioning the landmark office space for Bristol’s growing community of creative and digital occupiers.

Tenants of the restored 15-storey building benefit from a fully refurbished reception, communal area, new mezzanine space and cycle parking with extensive cycle storage and maintenance zone, as well as shower and changing facilities. The building’s revival has also delivered visual improvements to street level access and terrace areas.